GM CEO's Bold Prediction: EV Dominance by Mid-Decade

🚗 General Motors is heavily investing in electric vehicles, with a focus on building a new battery plant and producing electric trucks.

💰 The company plans to spend $35 billion by 2025 on electric cars, creating 4,000 new jobs and making it their largest investment in EVs.

🔋 GM CEO Mary Barra is determined to lead in EVs, emphasizing their commitment to electric vehicle production at Factory Zero.

General Motors is investing $4 billion to produce an electric version of the Chevy Silverado pickup truck with a starting price of $40,000.

GM plans to dominate the electric vehicle market and defend its position in truck share.

GM is also working on an affordable mass-market electric vehicle, with the Equinox EV crossover starting around $30,000.

🔋 GM is investing in customizable battery systems called Ultium to drive down EV costs and roll out new models more quickly.

🏭 GM is building massive battery plants in Ohio, Tennessee, and Lansing, Michigan to support its EV production.

🚗 GM aims to become the leader in electric vehicles by going all-electric by 2035, but currently Tesla holds the majority market share.

🚗 General Motors expects to be a leader in the electric vehicle market by mid-decade, with plans to launch multiple EV models in various segments.

🔥 General Motors faced setbacks with the Chevy Bolt recall and a shortage of computer chips, resulting in a significant decline in EV sales in the last quarter of 2020.

✅ Despite the challenges, General Motors remains committed to doing the right thing and assures the safety of their EVs.

🚗 General Motors CEO, Mary Barra, predicts EV dominance by mid-decade.

💡 General Motors has valuable experience and learnings in producing electric vehicles.

🌟 Guiding GM into an all-electric future is a career highlight for Mary Barra.